Palm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026
Sanctuary by Prestige One Offices — commercial office space in Meydan Horizon from Mitchell's Commercial Real Estate

Prestige One · Meydan Horizon

Sanctuary by Prestige One Offices

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Sanctuary by Prestige One

Location: Meydan Horizon

Sanctuary by Prestige One is located within Meydan Horizon, a major mixed-use master development in Mohammed Bin Rashid City (MBR City). This highly strategic location places Sanctuary in close proximity to Downtown Dubai, Dubai Creek Harbour, and Dubai International Airport, while offering direct views over the Ras Al Khor Wildlife Sanctuary, crystal lagoons, and the surrounding golf course.

Meydan Horizon spans over 39 million sq. ft. and is designed to accommodate over 72,000 residents, with a complete integration of luxury residential towers, commercial hubs, retail promenades, and eco-tourism zones.

Sanctuary is positioned near Sobha One, with excellent connectivity to the city’s key business and residential districts via major road networks. Its placement at the intersection of urban sophistication and preserved nature offers both a unique corporate address and long-term investment value.

Project Overview

Boutique Mixed-Use Development with Prime Residential & Office Space

Sanctuary is a signature project by Prestige One Developments, offering a curated collection of luxury residences alongside a limited selection of prime office spaces. With a design philosophy centered on elegance, connection, and experiential living, the development delivers a seamless blend of business functionality and residential comfort.

The commercial component comprises office units, located within a larger lifestyle-oriented community that prioritizes wellness, waterfront access, and smart urban design.

Building Configuration

  • Project Type: Mixed-use development (residential + commercial)
  • Ownership: Freehold

Office Space Overview

  • Payment Plan: 70/30
  • Use Case: Ideal for boutique firms, consultancies, or family offices seeking a refined work setting within a high-end residential community

Payment Plan — Sanctuary by Prestige One

Installment Milestone Percentage
1 Down Payment 20%
2 During Construction 50% (staged)
3 On Completion 30%

Office Space Features

  • Integration within a design-led Prestige One residential project
  • High visibility and scenic natural views
  • Direct access to a growing resident base and retail boulevard
  • Freehold ownership structure
  • Positioned for long-term value within a high-growth district

5-Star Commercial Amenities

Project currently emphasizes lifestyle integration over standalone tower amenities.

Design & Finishes

  • Contemporary, minimalist design with large glazed elevations
  • Flexible commercial layouts
  • Positioned for natural light and lagoon/golf-facing perspectives
  • Tailored for experiential work-life integration in a nature-centric district

Views

  • Panoramic views of Downtown Dubai skyline
  • Overlooking Dubai Creek and its waterfront surroundings
  • Direct sightlines to the Ras Al Khor Wildlife Sanctuary

Location

Sanctuary by Prestige One — Meydan Horizon, Dubai

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Illustrative model

Scenario modeller

Set your own assumptions and see how Sanctuary by Prestige One Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure. We have not assumed one.

0% holds rent flat. It may be negative.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are considering.

Method
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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